-Livemint.com The Union government has finally stepped on the gas when it comes to spending. But after a temporary splurge in the rest of this fiscal year, the finance ministry will tighten its purse strings to bring down debt levels, the budget numbers suggest Even as countries across the world raised spending aggressively to counter the economic impact of the covid-19 pandemic, India had remained an outlier. Throughout the pandemic, the finance...
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Before Budget: Revenues Crash, Debt Mounts – But People Still Deprived -Subodh Varma
-Newsclick.in The Modi government has created a huge mess of its finances in the past year cutting spending and borrowing heavily. When the Union Budget is presented tomorrow (February 1), the government will have its hands full and pockets empty. In the current financial year, which will end on March 31, currently available information shows that revenues (government income) are going to be much short of what was estimated in last year’s...
More »This Year's Budget Is Critical to Ensure a Comprehensive Nutrition Response -Happy Pant
-TheWire.in One of the most disturbing effects of the pandemic has been on the nutritional needs of the disadvantaged. The Budget needs to prioritise addressing this issue. The pandemic led disruptions of nutrition services have exacerbated India’s existing burden of undernutrition. Children did not get the mid-day meals and supplementary nutrition under the anganwadi services scheme they were registered under. Critical health services like immunisation, iron-folic acide and calcium supplementation, treatment of...
More »Budget 2021 Expectations: A budget full of hope, a transformative opportunity for India’s women and girls -Soumya Kapoor Mehta, Sona Mitra and Kanika Jha Kingra
-Financial Express Union Budget 2021 Expectations by Women: The Union Budget 2021-22 presents an opportunity to ensure that India’s economic growth and development is inclusive. Union Budget 2021-22 Expectations by Women: The year 2021 started with a renewed sense of hope, with vaccines for COVID-19 being rolled out across several nations. There is also hope that countries will be able to bounce back to pre-pandemic levels of growth by designing and delivering...
More »Revise the text of the Budget speech -Jayati Ghosh
-The Hindu The Finance Minister must move to an expansionary fiscal stance that prioritises job creation, public service provision It is that time of year in India, when all eyes and ears turn to the Finance Minister to learn what she will unveil in the annual Union Budget. But it is a moot point whether, even in a year of the novel coronavirus pandemic and economic crisis, that speech will be of...
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